Building Details

Year Built 1900

Units 8

Listing Agency: eXp Realty c***@onetrustrealestate.com Show Phone

Listed By: Cameron Kelly

Source: Ivyrealestategroup

Added: May 22 Changed: Aug 14 Last Checked: Aug 16 at 3:57PM

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Investment Insights

Based on property information with market context.

This 8-lot mobile home park is structured as a land lease property, with each site equipped for individual gas, electric, and water service. Residents own their mobile homes, while the property provides the underlying spaces, creating a straightforward operating configuration.

The park is positioned across from a school in Preston and sits a few blocks from U.S. Highway 52. Zoning is identified as Business/Commercial and Other, supporting the property’s existing commercial park use.

Key Highlights

• 8‑lot mobile home park
• Individual gas, electric, and water utilities at every lot
• Tenants own their mobile homes under a land lease arrangement

Property Analytics

Current Use

Fillmore Elementary Playground Family Recreation Center

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Building Supply Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

210

Businesses Nearby

Explore this area Business Placement

Demographics for 55965, MN

2,345

Population

1,072

Households

2.2

Avg Household Size

45

Median Age

26%

College-Educated

94%

High-School Grad

108.5 sq mi

ZIP Area

22

Density / Sq Mi

$62,917

Median Household Income

$43,264

Median Earnings

$681

Median Rent

$191,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this mobile home & rv parks located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Land lease configuration with separately metered gas, electric, and water service at every site.

Where is this mobile home & rv park located?

The property is located at 813 Chatfield Avenue NW Preston, MN.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: 8‑lot mobile home park; Individual gas, electric, and water utilities at every lot; Tenants own their mobile homes under a land lease arrangement